The ABCD pattern in technical analysis identifies specific retracement and projection levels for a security's price movement, including a C point retracement between 38.2% and 88.6% of the initial move from A to B, and an extreme BC projection typically reaching 2.618, 3.14, or 3.618 times the size of the initial AB move.
Original Description:
ABCD PATTERN C POINT RETRANCEMENT & BC PROJECTION CHEET SHEET WITH ABCD PATTERN EXAMPLE
The ABCD pattern in technical analysis identifies specific retracement and projection levels for a security's price movement, including a C point retracement between 38.2% and 88.6% of the initial move from A to B, and an extreme BC projection typically reaching 2.618, 3.14, or 3.618 times the size of the initial AB move.
The ABCD pattern in technical analysis identifies specific retracement and projection levels for a security's price movement, including a C point retracement between 38.2% and 88.6% of the initial move from A to B, and an extreme BC projection typically reaching 2.618, 3.14, or 3.618 times the size of the initial AB move.
Crab pattern elements: • B point that is a 0.618 retracement of XA or less. • Extreme BC projection that is typically a 2.618, 3.14, or 3.618. • Alternate 1.27 or 1.618 AB=CD pattern required. • 1.618 XA projection as the defining limit with the structure. • C point with range between 0.382 and 0.886.